Lalit Modi Suspended

The Chairman and Commissioner of the Indian Premier League, Chairman of the Champions League, Vice President of the BCCI and Vice President of the Punjab Cricket Association was suspended late Sunday night as IPL commissioner.

A confidential income tax department report into Modi has revealed that he holds a silent stake in 3 IPL teams – the Rajasthan Royals, Kolkata Knight Riders and Kings XI Punjab.

There were reports that Modi was involved in match fixing and betting in IPL games. He is also under fire for helping his family and friends buy stakes in IPL teams.

Latest Tweet from Modi: As normal practice after GC we will schedule a Press conferance at noon tomorrow.

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